MOHANOKOR Microfinance Institution Plc aims to provide group loan to small-scale business clients and be able to increase income to improve their living standard.
- You are able to get loan as KHR and THB
- Interest rate 1.5%
- Loan size up to KHR 3,000,000 or 30,000THB
- Loan period 03months to 18 months
Benefits for customers
- Reasonable interest rate, calculated based on outstanding balance.
- No physical collateral requirement
- Repayment can be done at office, home and transfer agents
- Next loan is able to get more than previous
- Be a majority aged 18 to 65 years old
- Group members from 2 to 6 families.
- Permanent resident
- Legal business and specific income sources
- Identification documents such as Identification card, Family book, Resident book, Passport or business identification document, etc.
How to Apply?
To get a group loan to meet your needs, you just follow these simple steps:
- Call 1800-20-6666 to ask for more information
- Appoint a staff of MOHANOKOR Microfinance Institution Plc or contact with the Village Credit Committee in your area.
- Apply for a loan by specifying the amount and term of a loan that it fitted to your needs.
- Agreed to provide the necessary documents required by the MOHANOKOR Microfinance Institution Plc.
- Agreed terms and conditions
Credit Products Fee Charge:
- 1. Admin Fee 1%-8% per loan
- 2. Credit Fee 1%-1.5% per loan
- 3. Others Monthly Fee 0.5%-1.5%
- 4. Monthly Collecting Fee 0.5%-1% (Payment to Key Person)
- 5. The interest rate is based on the principal of loan balance
All credit products payment the customer would pay with MOHANOKOR’s office or transferring agency without fee charged.